Senior Advisor on Project Quality (Assurance) (VPIC2) The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond-infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients' needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.
CIO2 leads AIIB's investment operations by identifying and transacting high quality investment operations with Public Sector Clients in Region 2 (PSC2) and Project and Corporate Finance clients globally (PCF). CIO2 reports to the President and co-chair with CIO1 the Investment Committee. CIO2 serves as a member of the Executive Committee (ExCom) and the Investment Operations Management Committee (IOMC). The Chief Investment Officer (CIO2) oversees AIIB's investment operations with public sector clients in Pakistan, Afghanistan, Central Asia, East Asia, West Asia, Europe, North Africa and the Americas; and Project and Corporate Finance clients focusing on private infrastructure and other productive sectors in all AIIB Members.
The Senior Advisor on Project Quality (Assurance) will report to the CIO2 and their main responsibility will be to provide Project Quality Assurance assistance for Investment Operations (IO) under CIO2's areas of coverage. The ultimate responsibility for project quality rests with the sponsoring IO departments.
Responsibilities:
- Assist project teams in preparing high quality project documents for both sovereign-backed financing (SBF) projects and nonsovereign-backed financing (NSBF) projects before circulation to the Interdepartmental Review process, the Investment Committee and submission to the President's Office and Corporate Secretariat prior to submission to the President or the Board for financing approval.
- Assist project teams in developing and implementing robust project-level monitoring and evaluation systems, with specific focus on project results frameworks.
- Assist project teams in addressing concerns raised during Interdepartmental Review meetings, Investment Committee meetings and pre-Board discussions.
- Participate in Screening Committee and Investment Committee meetings for projects, and pre-Board discussions to provide appropriate feedback to the project teams.
- Review the project implementation monitoring reports and assist project teams in addressing key project implementation issues.
- Provide mentoring, training and guidance to Investment Operations staff on the preparation and implementation of projects.
- Assist project teams in identifying solutions and structuring sovereign-backed financings.
Requirements:
- Minimum 20 years of professional experience in other multilateral development banks or top-tier global financial institutions;
- Substantial experience in at least one, and preferably two of the primary infrastructure business sectors covered by the Infrastructure Investment Department, Regions 1 and 2;
- Substantial experience in project and infrastructure financing and project implementation across multiple sectors and jurisdictions;
- Balanced experience across SBF projects and NSBF projects;
- Strong credit and structuring skills for different investment instruments;
- An exceptional track record in achieving results and problem solving;
- Effective interpersonal skills;
- Demonstrated ability in managing diverse teams and stakeholders, both internal and external;
- Fluent in English. Knowledge of languages of a country in which AIIB invests is a plus; and
- Master's degree in finance, economics, development studies or related fields, or equivalent.
AIIB is committed to diversity, transparency and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability or sexual orientation.
Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.
Join us and help create a prosperous and sustainable Asia while growing your career in a diverse and innovative environment.
ALL CURRENT VACANCIES * Closing Date: All opportunities close at 11:59 p.m. (GMT+8) on the dates listed.
** Job Type: Recruitment of staff is conducted through a merit-based competitive selection process. AIIB shall strive to provide employment opportunities open to all suitably qualified applicants, regardless of religion, gender, race, disability, sexual orientation or nationality.